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What are The Risks of Debt Settlement in Canada and is it Worth it?

What are The Risks of Debt Settlement in Canada and is it Worth it?

by Amaana Sagar | Apr 12, 2022 | Debt Settlement

A debt settlement happens when a creditor agrees to accept less than the whole amount owed as full payment. It also means that debt collectors won’t be able to pursue you for the money, and you won’t have to fear about being sued for the debt. Even if you...
Getting debt help- How does debt settlement work?

Getting debt help- How does debt settlement work?

by Amaana Sagar | Jan 30, 2022 | Debt Settlement

When you’re dealing with overdue debt, you might be wondering if debt settlement is the best option. Experts warn that using a debt settlement firm is a pricey and hazardous option. Meanwhile, a do-it-yourself settlement strategy may work, but it might be...
Canadian Debt Settlement Bureau: Identifying ethical organizations

Canadian Debt Settlement Bureau: Identifying ethical organizations

by Ankit Kumar | Nov 22, 2021 | Debt Settlement

The Canadian Debt Settlement Bureau was never heard of before. And it turns out, no one else has heard of it either. And the bureau doesn’t even exist. It appears to be the creation in order to make a company look trustworthy. Table of Contents How we figured...
What is the difference between Debt Consolidation and Debt Settlement?

What is the difference between Debt Consolidation and Debt Settlement?

by Ankit Kumar | Oct 22, 2021 | Debt Consolidation, Debt Settlement

Debt settlement and debt consolidation both have the same purpose in mind: to assist customers get out of credit card debt, but they go about it in very different ways. While debt settlement reduces the total amount you owe while debt consolidation reduces the total...
Making the Debt Settlement choice: Will it work well for everyone?

Making the Debt Settlement choice: Will it work well for everyone?

by Ankit Kumar | Oct 22, 2021 | Debt Settlement

While it may be tempting to use a debt settlement service to help you pay off your debt, there is a chance it could have an adverse effect on your credit scores. Here’s what you need to know about debt settlement, including how it works, the benefits and...

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